Property Description

Multifamily Investor Opportunity East of Federal Hwy – BACK ON THE MARKET!! CASH ONLY / Seller would be open to Seller Financing will the right terms. Located just 5 minutes to the beach and approx. 7 minutes to Old Town Pompano, an area experiencing significant redevelopment with new restaurants, retail, and mixed-use projects. Conveniently close to Pompano City Mall, shopping, dining, and entertainment. Turnkey investment opportunity in one of South Florida’s fastest-growing markets. The property is currently generating $5,950/month in rental income, inclusive of utilities, with all units occupied. Current leases run through October/November. Each of the two existing 1-bed/1-bath units features in-unit washer/dryers, private patios, and separate backyard spaces, which helps support strong rental demand, particularly to tenants with pets. One of the more attractive aspects of the property is the future upside and reconfiguration potential. By enclosing the existing carport spaces, a Buyer could convert the property into four true 1-bedroom/1-bath units, significantly increasing rental appeal and long-term income potential. Another option could be re-configuring the layout into two larger 2-bed/2-bath residences. Overall, it presents a strong opportunity for an investor looking for immediate cash flow with additional upside through improvements and repositioning. Showings will be granted upon submission of a written, signed “As-Is” contract.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Broward
City:
Pompano Beach
Zipcode:
33062
Street:
2051 Ne 25th Ave, Pompano Beach, Florida 33062
Longitude:
W81° 54' 5.7''
Latitude:
N26° 15' 22.5''
MLS Addon
Building Area:
2,483 Sqft
Construction Materials:
Block
Cumulative DOM:
72
DOM:
72
Flooring:
Tile
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
484330000182
Subdivision Name:
CONNOR ESTATES
Tax Annual Amount:
$13,396
Utilities
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Residential Income For Sale

2051 Ne 25th Ave, Pompano Beach, Florida 33062, Pompano Beach, Florida 33062

2,483 Sqft
$799,000
MLS # #A12002958
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$799,000
Square Footage :
2,483 Sqft
Year Built :
1965
MLS # :
A12002958
Property Sub Type :
Quadruplex
Agent info
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